$2,250,000
$2,500,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/30/2020
Key Details
Sold Price $2,250,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10594174
Sold Date 04/30/20
Maintenance Fees $2,800
Year Built 1977
Annual Tax Amount $15,637
Tax Year 2018
Lot Dimensions 175X135
Property Sub-Type Multi Family 5+
Property Description
This 16 unit building features 8 one bedroom, one bath units and 8 two bedroom, one bath units. This multifamily building is offered for sale as a package of 8 rental properties in Byron, IL. Excellent rental history with a total of 9 buildings and 48 total units. Cap rate for this package is just over 10%. Extremely well maintained buildings with long term renters. Amazing investment opportunity in an upscale small town setting. Sold as a package - buildings will not be separated. Includes this listing as well as 10594176, 10594177, 10594178, 10594179, 10594180, 10594181, 10594183.
Location
State IL
County Ogle
Area Byron
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Building
Level or Stories 2
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Douglas Weber • Bird Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "